Locked content Jeronimo Martins opened its first factory in Poland

Jeronimo Martins, Portuguese owner of the Biedronka discount food chain, has opened its first factory in Poland. The investment cost was PLN 30 million, and will provide workplace for 40 employees in Parzniewo, located near Warsaw. The new factory will produce ready-made soups under the “Zupy ...

Locked content Biedronka sales up by 9.8% in Q2

Discount store chain Biedronka, owned by Portuguese Jeronimo Martins, recorded a 9.8 percent increase in sales in Q2 2016, whereas like-for-like (LFL) sales grew by 8.8 percent on a yearly basis. Biedronka’s EBITDA inched up by 12 percent y/y in złoty terms and by 4.8 percent in euro terms. Bi...

Locked content Biedronka revenue up by 9.3% in Q1

Discount store chain Biedronka, owned by Portuguese Jeronimo Martins, recorded a 9.3 percent increase in sales up to €2.28 billion in Q1 2016, whereas like-for-like (LFL) sales grew by 7.6 percent on a yearly basis. Biedronka’s EBITDA totaled €151 million, an increase of 10.4 percent. Biedronk...

Locked content E-shops at Biedronka and Lidl – to be or not to be?

According to Dziennik Gazeta Prawna, discount store chains Biedronka and Lidl plan to launch online stores in 2016. “It should minimize losses after the introduction of the tax on commercial networks,” it said. The newspaper states, that Biedronka is currently at an advanced stage of cre...

Locked content Discount store chains opened fewer units in 2015

Last year, the total number of newly opened discount stores fell to fewer than150, thus by two times less than the previous year, according to data published by dlahandlu.pl web portal. Biedronka, owned by Jeronimo Martins, planned to launch 100 units, it managed to open 102 but it had to close 22. ...

Locked content Biedronka sales up in 2015

Discount store chain Biedronka, owned by Portuguese Jeronimo Martins, recorded a 3.2 percent increase in like-for-like (LFL) sales in 2015, whereas the total sales grew by 9.1 percent on a yearly basis. The chain’s consolidated sales totaled €9.2 billion in 2015. Biedronka opened 102 stores, 8...

Locked content Discount stores are Poland’s leading wine sellers

This year it is estimated that the Polish wine market will revive slightly. In 2015 Poles will spend PLN 2,2 billion on wine, which is a four percent increase as compared to last year. The majority of this profit will go to discount shops such as Biedronka and Lidl, whereas other wine sellers will n...

Locked content Biedronka sales up by 2.6% in H1

Discount store chain, Biedronka, owned by Portugese Jeronimo Martins, had a 2.6 percent like-for-like increase in sales in the first half of 2015. In Q2, the sales grew by 2.6 percent year-on-year. The chain raked in nearly €4.5 billion in sales in H1 (11.7 percent increase) and €2.33 billion in Q2 ...

Retail chains own 2,7 mln sqm space in Poland

Retail chains in Poland encompassed 2.7 million sqm of retail space and the number of discounts amounted to 3,593 at the end of 2014, an increase of 10 percent on a yearly basis, according to data published by Market Side and cited by wiadomoscihandlowe.pl web portal.

Locked content Biedronka will receive cash injection

Jeronimo Martins is set to invest more than €300 million in Biedronka discount markets in 2015, the company informed. “In 2015, the group plans to increase its investment spending to €500-550 million, of which 60 percent is earmarked for Biedronka,” Jeronimo Martins announced. The compan...